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50 Pine Street, #2

$1,900,000 ($696 per ft2) | 4 beds, 3 baths | Approx. 2,729 ft2
Building Profile  | 
774 days on Market

Key Details

  • Listed: Nov 9, 2022
    Last Price Change: ($99,999) on Mar 19
    Days on Market: 774
    Building Type: Condominium
    Neighborhood: Financial District (Manhattan)
    Doorman: PT Doorman
    Listing viewed 842 times
Monthly Common Charges: $2,612
Monthly Real Estate Taxes: $3,659
Total Taxes & Fees: $6,271 ($2.30/ft2)
Est. Monthly Mortgage: $10,092
Total Est. Monthly Carrying Cost: $16,363 ($6.00/ft2)
Note: the above is based on a down payment of 20% ($380,000), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, Dec 22
By appointment only.

Insider Highlights

  • Financial Information: The apartment is listed for $2,000,000, which equates to $733 per square foot. Monthly common charges are $2,612, and real estate taxes are $3,659, bringing the total monthly taxes and fees to $6,271 ($2.30 per square foot).
  • Architectural Charm: The building features a handsome beige-brick exterior with a two-story limestone base, arched windows on the top floor, and a large cornice. Inside, the barrel-vaulted lobby and high ceilings add to the pre-war grandeur.
  • Considerations: While the building offers many amenities and a prime location, it does not have a garage or balconies. The entrance includes three steps up, and there is no sidewalk landscaping.
  • Spacious and Flexible Layout: This 3-bedroom, 3-bathroom full-floor loft offers approximately 2,729 square feet of space with 12’+ ceilings and prewar details. The absence of interior structural walls and north, south, and east-facing windows provide design flexibility and abundant natural light.
  • Prime Location: Located in the Financial District at 50 Pine Street, this condominium is conveniently situated with easy access to multiple subway lines (2, 3, 4, 5, 6, N, R, E, M, F). It's also very close to Chase Manhattan Plaza and Wall Street.
  • Building Details and Amenities: Built in 1902, this 12-story condominium building retains prewar construction quality and offers a part-time doorman, a video intercom security system, a daily visiting superintendent, and a bike room. The building is pet-friendly.

Description

Currently configured as a classic 3 bedroom, 3 bathroom, live/work full-floor loft with soaring 12’+ ceilings and an abundance of prewar details. This expansive loft offers endless possibilities with its north, south, and east-facing windows and the absence of interior structural walls, allowing for design flexibility. Photos are virtually staged.

Built in 1902, 50 Pine Street is a keyed elevator condominium building that retains the construction quality of the prewar era with its two-story granite base, barrel-vaulted lobby, and inlaid terra cotta flat arch construction between floors, which reduces noise from those above.

The building offers a part-time doorman, a video intercom security system for added safety, and a daily visiting superintendent. It is conveniently located in the Financial District and offers easy access to the 2, 3, 4, 5, 6, N, R, E, M, and F trains. Pets are welcome.

Starting May 1st there will be a 16 month assessment of $1,231 added to carrying charges for Local Law 11.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 50 Pine Street

63

50 Pine Street has received a CityRealty Rating of 63, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

15
Out of 44
+
27
Out of 36
+
13
Out of 39
+
8
=
63
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
None 0 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • PT Doorman
  • High-Rise
  • Pre War
  • Elevator
  • Bike Room

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Pros
  • Very handsome building
  • Doorman
  • High ceilings
  • Great block
  • Convenient to subways
  • Very close to Chase Manhattan Plaza
  • Across from great public atrium
  • Convenient to Wall Street
  • Openable windows
  • Nice lobby
Cons
  • No garage
  • No balconies
  • Three-step-up entrance
  • No sidewalk landscaping
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Subways

  1. 2
  2. 3
at William and Cedar 0.03 miles
  1. J
  2. Z
at Nassau and Cedar 0.13 miles
  1. 4
  2. 5
at Broadway and Rector 0.18 miles
  1. A
  2. C
at William 0.20 miles
  1. R
at Trinity Pl 0.25 miles
  1. 1
at Greenwich 0.28 miles
  1. E
at Church and Park Pl 0.40 miles
  1. 6
at Centre and Reade 0.48 miles

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